Fixed Indexed Annuity

Orbiter Growth 7

AuguStar Financial

8.5%

Best Cap

10%

Free W/D

Jurisdictions

Product data status: May 29, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 28, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 annual point-to-point cap

8.5% cap on S&P 500

An accumulation-focused, A-rated, 7-year fixed indexed annuity from AuguStar Financial built around a no-fee S&P 500 annual point-to-point cap plus an unusually wide menu of proprietary participation-rate and performance-trigger strategies, with optional GAP/EGAP accumulation-protection riders and no income rider attached.

1-year termAdvisorWorld + CANNEX data

Best fit

Accumulation-focused buyers committing to a 7-year deferral who want a recognizable no-fee S&P 500 cap alongside a wide menu of proprietary participation-rate and performance-trigger strategies, and who can use the optional Guaranteed Accumulation Protection riders as a floor under the contract value.

AM Best

A Excellent

Surrender period

7 years

Free withdrawal

10%/yr

Availability

51 jurisdictions (excl. New York)

Featured crediting strategies

Caps, participation rates, and declared rates are shown separately.

Index / strategyRate mechanicsTermPremium

S&P 500

S&P 500 Index

8.5% cap rate

Rate varies by premium band.

1-year term

Up to $150,000

S&P 500

S&P 500 Index

100% participation rate + 7.05% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

S&P 500

S&P 500 Index

7% cap rate

Rate varies by premium band.

7-year term

Up to $150,000

Fixed Account

3.8% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

+ 8 volatility-controlled index options (Barclays Global, US Multi-Asset, US Daily...)

Product analyst notes

How to think about this contract

Why it can stand out

Crediting menu includes a recognizable S&P 500 annual point-to-point cap with no strategy fee, so a buyer has at least one clean like-for-like comparison line against other FIAs on this site rather than only proprietary participation-rate strategies.
Unusually wide proprietary participation-rate menu on the same contract — Barclays Global Trailblazer, US Multi-Asset Diversified 5, US Multi-Asset Risk Managed 5, US Strategic Balanced Asset 8, US Balanced Asset 10, and US Daily Risk Managed 12 — giving accumulation-focused buyers several volatility-controlled alternatives to hold against the S&P cap.
Performance-trigger strategies are offered on three indexes (S&P 500, US Balanced Asset 10, US Daily Risk Managed 12) — a distinct credit-structure choice on top of cap and participation strategies (the contract pays a declared trigger rate any year the index finishes flat or up) that not every carrier exposes.
Optional Guaranteed Accumulation Protection riders (GAP and Enhanced GAP) attach to the contract as a GMAV-type floor on the underlying value — an accumulation safeguard a buyer rarely sees published alongside the strategy menu.

What to confirm

This is an accumulation-only fixed indexed annuity. The live feed lists no income riders and the contract carries no built-in Protected Income Value chassis, so do not buy this contract for a guaranteed lifetime withdrawal — its job is index-linked growth over the 7-year term, not income.
Most of the non-S&P index options are proprietary volatility-controlled or risk-managed indexes. Their participation rates can look high in absolute terms but are not directly comparable to an S&P 500 cap, and several have shorter live-track histories than the S&P 500 itself — evaluate each on its own merits rather than headline number alone.
Several of the participation strategies credit on a 7-year point-to-point cadence — equal to the full surrender period. A buyer choosing those strategies has one crediting event over the life of the contract, with no interim resets if the index draws down late in the term.
The standard death benefit on this contract pays cash surrender value, not account value or a rolled-up income base — heirs receive what a buyer would receive on a non-penalty surrender, which can be materially lower than an account-value-based death benefit on a competing contract.

Not ideal for

Buyers who need a contractually guaranteed lifetime withdrawal rate from a GLWB rider, want built-in lifetime income through a Protected Income Value chassis, need a plain MYGA-style declared rate, require short-surrender liquidity, or want an account-value-based death benefit — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (24 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 100% + Fixed: 7.05% · 1-yr

S&P 500 Index

trigger